Photo source: Olympia Odos SA After a series of long delays, construction on one of the country’s most dangerous highways in Greece, the 74.5km Patra – Pyrgos section of the Olympia Odos Motorway will be completed by the end of 2024 or early 2025, said Greek Transport Minister Kostas Karamanlis on Thursday, during the launch of works on the […]
The Hellenic Parliament. Photo Source: @PressParliament The Greek Development & Investments Ministry announced this week that 8 billion euros in foreign direct investments (FDI) were under assessment as part of the country’s drive to attract strategic investments. The news was announced during the Expo 2020 Dubai through the participation of Enterprise Greece and a
© Piraeus Port Authority A decision by Greece’s highest court has temporarily halted important investments at the country’s largest port in Piraeus, including a highly anticipated upgrade of a cruise terminal affecting at the same time other key projects at smaller ports. The ruling by Greece Council of State not only stops landmark investments at […]
Photo source: HCAA International arrivals to Greece increased sharply in the first two months of 2022, recording a 261.6 percent rise over 2021 to 2.6 million passengers against 718,330 a year earlier, said the Hellenic Civil Aviation Authority (HCAA) on Wednesday. The two-month figure is still 37.8 percent below pre-pandemic 2019, when Greece welcomed 4.17
Photo source: Municipality of Athens Athens Mayor Kostas Bakoyannis pledged this week to support 111 small businesses operating in the city’s historic center with 2.3 million euros in funds. Bakoyannis said the program, part of the “Athens Business Green Toolkit” launched last summer by the municipality, offers subsidies for energy upgrades of infrastructure and equipment
Οne of the most important transport projects in Greece, the first section of Athens Metro Line 4, is underway aiming once completed to facilitate thousands of commuters each day. Works on the first section of the project linking Veikou Park (Alsos Veikou) with Goudi are set to begin in 2023. More specifically, the 15-stop, 13km […]
The Acropolis in Athens. Photo source: @Culture Ministry / Tasos Fytras The Greek Finance Ministry presented this week the detailed analysis of renovation and restoration projects budgeted at 10 million euros to be carried out over a period of four years at the Acropolis in Athens under the country’s “Greece 2.0” recovery plan. More specifically, 8.9 […]
Photo source: Visit Greece / Y. Skoulas Greece is gaining ground as an attractive investor destination recording a 74.3 percent increase in foreign direct investments (FDI) in 2021 despite the insecurity and competition in the midst of Covid-19, the Bank of Greece said. More specifically, FDI net inflows last year came to over 5 billion […]
Little Venice, Mykonos island. Hospitality service providers in Greece saw turnover rise by 118.3 percent in 2021 over a year earlier with the popular island of Mykonos leading the way, according to the annual report released by the Hellenic Statistical Authority (ELSTAT). The Regional Unit of Mykonos recorded the largest increase in 2021 where turnover […]
Greek Finance Minister Christos Staikouras. Photo source: @cstaikouras Greece’s finance minister Christos Staikouras told Reuters on Monday that the country would be proceeding with the early repayment of bailout loans to the IMF (International Monetary Fund) by the end of the month. Repaying IMF loans two years ahead of schedule would bring the country one […]

















